On April 3, SteelOrbis reported a downward trend in the price of graphite electrodes in India.
Sources inform SteelOrbis that graphite electrode prices in India have decreased again in early May with the 450mm HP (high powered) grade decreasing at a greater rate compared to 600mm UHP (ultra-high powered).
|
GE prices India, ex-works 2019 |
HP INR/mt |
HP $/mt |
UHP INR/mt |
UHP $/mt |
|
Apr (Apr 3, $ = INR 68.48) |
450,000 |
$6,571 |
800,000 |
$11,682 |
|
May (May 7, $ = INR 69.64) |
250,000 |
$3,590 |
700,000 |
$10,052 |
|
Change |
-44 percent |
-45 percent |
-13 percent |
-14 percent |